Mifid
United Kingdom | 16 Jan 14
MiFID II could spell death knell for RDR
The UK’s Retail Distribution Review could be in danger of being overridden by the EU’s MiFID II directive.
ec commissioner barnier maintains ifas
Independent advisers in Europe should be banned from receiving commission payments, according to Michel Barnier, European commissioner for internal market and services at the EC, who sets out his position in a strongly worded letter to Fecif chairman, Vincent Derudder.
Tax & Regulation | 27 Sep 12
eu parliamentary committee approves MIFID2
A key committee of the European Parliament yesterday voted unanimously to approve a compromise text updating the EU’s Market in Financial Instruments Directive, with implications for the life industry and securities markets.
european parliament to veto ifa fee ban
The European Parliament is expected to reject a proposed Europe-wide ban on commission payments to independent financial advisers when it votes on the matter next week, a published report says.
mifid II risks unintended consequences says ailo
The Association of International Life Offices has written to the European Parliament’s Economic and Monetary Affairs Committee, to warn over potential unintended consequences stemming from the interaction between Mifid II and other European Union financial services legislation.